You could become a professional Twitter contributor for a business or company, most companies aren't prepared for the social media realm but are longing to join, they need people who are already expert and when you see in the job boards "Seeking Twitter Pros" you'll be on a winner.
You could also sell stuff on Twitter, it's not uncommon to find "Special offers for Twitter followers", you can try combining micro blogging and micro funding to create "Micro fundraising", promoting music. A new service called Tra.kz combines a short URL service with a market place and a music community, which can only be better than the music industry or the iTunes monopoly on selling music online.
There is also of course, advertising. There are two Twitter ads services I've noticed: Magpie and The Branch, neither seem spammy but do appear professional enough although as yet I don't know if you can earn proper money without your followers being scared off.
Another Twitter ad solution is Twitadd, this service places banner ads on your Twitter page, you could also sneak in affiliate links, not cheating as such but there can't be anything wrong with getting commission from services you already support.
There are business opportunities to find on Twitter, there are daily Tweets saying stuff like "Looking for x programmer", offering Twitter Apps, many companies offer Twitter Apps for free, but as more professional applications appear on the web, there are more that people will pay for.
Although commonplace on blogs, reviewing a product on Twitter doesn't actually happen yet, but not being able to advertise your own content seems unfair, Twitter may be simple and limited but it can be used for so many different purposes, soon there may be companies who will require Twitter consultants and specialists to teach them how to use it in their particular niche market.
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